Phillips Foundation Commits $1 Million to Union Square Campus

GREENSBORO, N.C. (April 15, 2014) — The Phillips Foundation announced today that it has pledged $1 million to the Union Square Campus to support the design and construction of the first campus building. The building will be a collaborative home for healthcare profession educational programs involving UNCG, NC A&T, GTCC and Cone Health.

“The Union Square Campus at South Elm will advance healthcare and nursing programs for several of Greensboro’s outstanding higher education institutions while dramatically enhancing that end of our downtown and spurring economic development,” said Elizabeth Phillips, executive director of the Foundation. “This initiative fits the Phillips Foundation’s mission of making strategic investments in transformational, game-changer opportunities for Greensboro, and we are proud to be an early advocate for the project.”

Union Square Campus is a key initiative of Opportunity Greensboro, a working group of leaders from Greensboro businesses, foundations, and institutions of higher education, created by Action Greensboro. The campus is part of the larger Union Square at South Elm project and is expected to stimulate surrounding mixed-use private development.

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About Phillips Foundation

Founded in 2002 and fully funded in 2014, the Phillips Foundation represents the philanthropic legacy of its founder, Kermit G. Phillips II, a successful real estate entrepreneur from Greensboro, N.C. The current Board of Trustees leverages the Phillips Foundation as a catalytic capital platform for positive change through impact investing, strategic grants, and original programs. For more information, visit PhillipsFoundationNC.org.

Phillips Foundation currently does not accept unsolicited grant applications.

Phillips Foundation is a private family foundation and catalytic capital platform that leverages its assets to maximize social, environmental and financial value.